Pure Storage (PSTG) PT Raised to $22 at BMO Capital Following 3Q Release

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Go back to Pure Storage (PSTG) PT Raised to $22 at BMO Capital Following 3Q Release

Pure Storage Announces Third Quarter Fiscal 2018 Financial Results

November 28, 2017 4:05 PM EST

MOUNTAIN VIEW, Calif., Nov. 28, 2017 /PRNewswire/ -- Pure Storage (NYSE: PSTG) today announced financial results for its third quarter ended October 31, 2017.

Key quarterly business and financial highlights include:

Record quarterly revenue: $278 million, up 41% Y/Y, 2% ahead of midpoint of guidance Quarterly gross margin: 65.5% GAAP; 66.4% non-GAAP Quarterly operating... More